Australian Prime Minister Anthony Albanese and his entourage left Hanoi on June 4 evening, concluding a two-day official visit to Vietnam at the invitation of his Vietnamese counterpart Pham Minh Chinh.
Mr. Vo Van Hoan, Vice Chairman of the People's Committee of HCMC, emphasized that a sustainable economy relies on a robust manufacturing industry that meets consumer needs and reduces dependence on external sources.
PM Pham Minh Chinh has recently signed a directive on the inspection, review, and investment in the construction of schools, healthcare centers in urban, residential areas and industrial zones, and public toilets in schools and urban areas.
Minister of Transport Nguyen Van Thang proposed that World Bank (WB) help Vietnam find suitable partners for the country’s North-South high-speed rail project. This proposal was made in a working session with WB’s National Director in Vietnam at the beginning of this December.
The Vietnam Maritime Administration has just submitted a national detailed seaport plan for 2021-2030 with a vision to 2050 to the Ministry of Transport, including a prioritized project list and capital needed for an investment to develop public infrastructures and seaports.
Ring Road No.2 of Ho Chi Minh City is critical in reducing the traffic pressure for the inner city. Sadly, after many years launching the construction project, there is still a section of 14km unable to finish owing mostly to a capital lack and trouble in land clearance.
As a three-year pilot program allowing Vietnamese people to gamble at a casino on Phu Quoc Island in the southern province of Kien Giang is set to finish by the end of this year, the Ministry of Finance has asked for a two-year extension due to the Covid-19 pandemic badly affecting the casino business over the last two years.
Vietnam and India should further strengthen connectivity to record more robust growth in bilateral trade, which is expected to hit US$15 billion this year and surpass the record the two countries set in 2021, Indian analysts have said.
Amid a new wave of investors arriving in Vietnam to explore its opportunities for foreign businesses, Ho Chi Minh City has strong potential to attract investment and drive innovation and sustainable growth, experts said.
The People’s Committee of Binh Duong Province on August 25 said that the agency is assigning Investment and Industrial Development Corporation (Becamex IDC) to build the construction and investment project of Ring Road No.4 in Ho Chi Minh City with a total length of 199 kilometers and expected investment capital of around VND100,000 billion (US$4.3 billion).